Report: Amazon readies mobile card reader for August release

Seattle – is reportedly readying a mobile credit card reader for release in August. According to 9to5Mac, the reader would compete directly with similar devices offered by Square and PayPal, and likely connect directly to Amazon’s recently released digital wallet app.

Internal inventory documents from Staples reportedly list Amazon card readers as being available for sale at a retail price of $9.99, with no signage or promotion until Aug. 12. Amazon and Staples have not publicly commented on the report. Rumors have previously circulated about an upcoming Amazon card reader, most recently in a June 2014 report from Bloomberg.

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